Google Parent Company Passes Apple As Most Valuable in the World

February 2, 2016 1:10 AM

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Google-parent Alphabet passed Apple as the most valuable company in the world. At current after-hours levels, Alphabet's market cap would roughly be $570 billion, eclipsing Apple's current market cap of about $535 billion.

The last time Google was more valuable than Apple was in February 2010, when both companies were worth less than $200 billion. At the time, Apple had yet to release its first iPad, the newest iPhone on the market was the 3GS, and the Mac was the company's biggest product line, accounting for one-thi...